---
title: "Chenming Paper Sells Yujing Hotel Stake in RMB316.7 Million Exit"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289601119.md"
description: "Shandong Chenming Paper Holdings is selling a 90.05% stake in Yujing Hotel and related debt claims to Shouguang Cultural Tourism Investment for RMB316.7 million. This transaction, classified as a discloseable event under Hong Kong listing rules, removes the hotel business from consolidated accounts. The move supports Chenming's strategy to streamline its portfolio, deleverage, and refocus on core paper manufacturing operations."
datetime: "2026-06-12T12:41:17.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289601119.md)
  - [en](https://longbridge.com/en/news/289601119.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289601119.md)
---

# Chenming Paper Sells Yujing Hotel Stake in RMB316.7 Million Exit

An update from Shandong Chenming Paper Holdings Co., Ltd. Class H ( (HK:1812) ) is now available.

Shandong Chenming Paper Holdings is further streamlining its portfolio as a wholly owned subsidiary, Chenming Paper Sales, agreed to sell a 90.05% stake in Yujing Hotel and related debt claims to Shouguang Cultural Tourism Investment for RMB316.7 million. The deal removes the hotel business from the group’s consolidated accounts, underscoring a continued shift away from non-core hospitality assets toward its core paper operations.

Under the equity and debt transfer agreement signed on 12 June 2026, the buyer will assume both the majority equity interest and RMB199.5 million of debt exposures, with payment due in a single cash instalment within 90 days. Classified as a discloseable transaction under Hong Kong listing rules, the disposal highlights Chenming’s effort to deleverage and reallocate capital, potentially improving balance-sheet transparency and focusing resources on its main manufacturing business.

**More about Shandong Chenming Paper Holdings Co., Ltd. Class H**

Shandong Chenming Paper Holdings Limited is a mainland Chinese paper manufacturer, primarily engaged in producing and selling pulp and various paper products. The company serves domestic and international markets and also holds ancillary assets, including non-core holdings such as hospitality-related investments, which it has been gradually rationalising to sharpen its industrial focus.

**Average Trading Volume:** 2,531,524

**Technical Sentiment Signal:** Strong Sell

**Current Market Cap:** HK$4.81B

For an in-depth examination of 1812 stock, go to TipRanks’ Overview page.

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